This bill aims to stimulate competition and lower food prices by providing tax incentives for the establishment and operation of small food retail businesses. These incentives are specifically targeted at businesses located in low-competition areas , defined as counties where the retail food sector's Herfindahl-Hirschman Index (HHI) is at or above 1,400, indicating high market concentration. To qualify, a small food retail business must have up to $200 million in gross receipts, with at least 70% derived from retail food or produce sales. The legislation enhances several existing tax credits for these qualified businesses. It increases the rehabilitation tax credit from 20% to 25% for qualified rehabilitated buildings. The Work Opportunity Tax Credit is also made more generous, raising the maximum wage amounts used for credit calculation. Furthermore, bonus depreciation percentages are increased by 10% for property and fruit/nut plants placed in service by these businesses, and the qualified business income deduction is raised from 20% to 25%. In addition to enhancing existing incentives, the bill introduces a new New Food Retail Business Credit . This credit provides an amount equal to 15% of qualified investment amounts paid or incurred by new small food retail businesses that began operations within the previous three taxable years. Qualified investment amounts include capital investments in property, facilities, or equipment used for retail sales. These provisions collectively aim to encourage new market entrants and expand access to food in underserved areas.